REGISTERED NUMBER.. 14613939 Charity nUrn￿r. 1204227 CREWE YoufH ZONE LTD TRUSTEES. REPORT AND FINANCIAL STATEMENTS ' FOR THE PERIOD ENDED 31 MARCH 2024 111 *JDFTV4K8* 14111r2024 COMPANIES FKXJSE A13 #156 DonneltyBentley Chartered Accountants Hazlemere 70 Chorley New Road Bofton BL148Y CREWE YOUTh ZONE LTD IA company limited by guaantee CONieNTS Page Ref•r¢n¢e ¥KI admlnlstrth detai￿ of lh• ¢harfty. Its Irust••s and ad¥i$ws TnJstae¥' r•port (Induding OIrecto￿. R•port) Independ•nt examlnatton rewl Statsm•nt of finan¢ial a¢llviti¢s lincluding Irb¢om and EX￿￿rtUrn A¢¢ount) Balan¢• $h••t 10 Stat•m•nt of ¢ash flo 11 Not•s to Il*flnanci*l stal•rnents 12-20 CREWE YOUTH ZONE LTD {A company Ilmlt•d by guarwtee) REFERENCE AND ADhllNISTRAllVE DETAILS OF THE COAIPANY. ITS TRUSTEES AND ADVISERS FOR ThE PERIOO ENDED 31 MARCH 2024 Trustees GrahaFn Ram5bottom (ChaFrman) (appointed 24 janu￿ 3Y23) Vanessa Joan Haworth (apwinled 24 January 20231 John lan Sullivan O'Doherty (apFonted 28 September ￿23} Claire Louise Williamson lapwinted 24 January 20231 Joelle Susan WarTen {appointed 28 Septembei 2023) David Mtchael Ashwell lappointe¢J 28 June 2￿24) Nicola Louise Healh (appointed 28 June 20241 Donna May Smith {appoinled 28 June 2024) Swlor Management Toam Sbjart Manifould - Ch￿f Exe￿tive Company regISter￿ number 14613939 CharSty rog1stor￿ nltmbor 1204227 Registered offic• Suite Ge Atria, Spa Road. Bolt(￿. UK. 8L14AG Independent auditoffs Donnelly8entley. Hazlenwe, 70 CFbytey New Road, 8olton, BL1 48Y 8aTrkers Handelsbanken UK ￿c. Lakesi¢Je. Festival Park. st0k￿￿&Trent. ST1 5RY CREWE YOUTH ZONE LTD IA company Ilmit•d by gu•rnntq•) TRUSTEES. REPORT (INCLUDING OIRECTORS. REPORT) FOR ThE PERIOD ENDED 31 MARCH 21n4 The Tmstees, who arE also Oirectcvs of the ¢ompany, wesenl their Directors. rewt Ihe purpose5 of section 417 of the Companies Act 2006 and TN5lees' Annual Repjrt for the WJTposes of sKtKin 162 of the Charib85 Act 2011 together with Ihe Financial Slaternents of the Ch￿lty for the period endirt9 31 Mar¢h 2024. Crewe Youth Zone Lld wa5 incorkwyated on 24 janu￿ 2023 (Comparby regslratton nurnb8r'. 14613939) as a ompany limited by ￿r1ee aTrJ regtstwed a5 a Charrty on 7 Auwst 2023 (Charity regi51rat¥Jn number.. 1204227)_ Who we are Crewe Youth Zone. re¢endy rpmed by young people as'Dome'. will be a purpose budl facility for the town's young people aged 8- 19. and up to 25 With addittona needs. The Youth Zone will be located on the Oak Street C* Park to the gwih ol the town centre. and is expected lo be completed in 2025126. It is core comporEnt of a wider development funded by Crewe Town5 Fund which sees Ihe development of several sile5 ￿10s$ Ihe twi. The Town$ FurthJ kyogramme wh￿h f￿￿￿e5 on town centre r9generation, culture and heritage. community spxes and con￿(8d places. The programme wll ￿hlOve substantBI regeneration of the Flag Lane Communty Hub. the exiensitin of Cumberland Arena aThl ihe Mill Street CorrKlor wh￿h ￿11 see a $ignrfi￿nUY irnwoved cydiNJ and pedestrAn route along the roaj. amongst others. Crewe Youth Zone ￿lIjOin a network ofsimilar independent youth organisationslhal all 5har8 the sarne principles, developed by Ihe Charity Onsbde Youlh ZorEs, which is t￿lId1r￿j 21stcenturyyouth faolities acr05S the UK. Youth e5 are based upon a proven mth#ef. whlth has been estsblished in sever4 other towns and crties across the country. and young people from Crewe will have access to a variety of fantastic act￿l￿eS for a cost of onty £S for an annual membetship and g)p pef Visrt. The Youth Zone will provide a safe environment. where young peO￿e can spend their leisure time. helping each Y￿n9 per￿￿ to raise theiraspirabons, as wdl as improve their physical and mental health. Up to 20 drfferent aCtNit￿S will take pl8¢e each n￿h1, as fotstb311, boxing, dancin9. ¢limbing, creative arts. fflLts￿, drama and emptyabdty trainiTrJ- all foriust 50p per vis The Onside Youth Zone model uses a un￿ue p*lrwship appro￿h. dravmg together the L(￿1 Aut￿￿ty. private sector businesses, youryJ people and the wwjer Ictat community. This partnership appfoach aims lo establish the Youth Zone right in heart of the communrty for the I￿9 terni. whlsi meets"NJ the nèeds of young people today. Preparation for Crewe Youth Zone has been laking ptace fcf a numtw of years, ￿th all the capital fijnding in plate to devdop this ama21ng newfacilty, and an xb.ve revenue fundraisiThJ campaign underway this will provide the necessary funds required lo operate the Youth Zonè for Ihe first Ihiee year5. FollowiryJ the end of thefinancièl period. site preparatior6 are urKlerway, and we look forward lo construct#￿ w(Kks progressing in 2024125 and throughout 202S126. Expectations a￿ offic￿1 opening tak¢ng place in 2026 when Crewe's young people can begin to benefft from Ihe¢r arrkaang new Youth Zone. Structure vemance and rnana ement G0￿MIng do¢umont Crewe Youth Zone is a company limited by guarantee wlhout share ca￿la1 and registered under IhÈ Companies Act 2006, registration number 14613939. The cornpany is govemed by its Memorandum and Artides of A550cialion dateij 24 January 2023. Management of the cornpanrfs affars is vested in the C￿oireCtOrs. 11 a - C_harity ￿gistered with the Chwity Comrni5540n on 07 August 2023. In the event of a winding up, the present membws and those who have ceased to be a member within one ye8r of such an event have ￿aranteed the liabilitie5 of Ihe company to Ihe sum not exoeding len pounds each. CREWE YOUTH ZONE LTD IA Company limit¢d by gu*ranlo¢1 TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE PERIOD ENDED 31 IAARCH 2024 The director5ltrus1￿ w￿1 5erwJ durlng tl* pwiod ¥e.' Graharn Ramsboltom IChaThn) V8nessa Joan Haworth John Ian Sullivan O'Doh8rty Claire Louise Williamson Joelle Susan Warren Recruitm¢nt and appointm•nt of Tru8t•e8 (Dir•ctorsl The fir51 Dire¢tN5 were the subscribers io the memorandum as notified lo Companies Hous• as the first Directors of thè Charity. A person appointed as a Dire￿ thereupon I￿orneS a Membw of the Charity and a Director vtho ceases to hold offK% fcf any reason thergjpon ￿SeS to be a Member of the Charity. Directo￿ have the power to apFK)int. ty ordinary resolution, any person to be a Oir8Ctor wlxj s wdling to acl as such. New Directors wll be ro¢ruited awrding to the needs of the Charity and the suitability of posthe eandhlates. A unanimous approvat of existing Directors b%*yJld lead to thth'r appointment. The M8morarKlum and Artides of AsS￿￿?110n states that the number of members (Directors) shall have no maximum and not be less It)an tP*ee. At the fr5t Annual General Meet5ng al Directors musl retire and seek rg-election. At each subsequonl Annual General meeb.ng one third ofthe Directors are required to ￿t￿e by rOtst￿)n and seek re4ppointmenl rf they wtsh lo corrtnue. The Members of the c￿ty are its DiretaoT5 the bme bwNJ and the onty persons elKJible to be Members of the Charity are its Dwect(ffs. Full details of the rules are Contained in ts ￿Mparf$ Mèmorandum and Articks of As5co"alion, dated on i￿Orp(￿tion on 24 January 2023. may be inspected at the Crewe Youth Zone registered offi￿. A pay ￿VIeW wll be conducted annually by the Chief ExecutNe with a tffoposal being brought to the Nomlnalion & Remuneration Committee. The CEO rernains responsible for Ihe proposal of the Organis8tion's ernployees remuner8tion with oversight Irom the Committee. The Committee shall be consulted on the CEO'S proposed lolal Fdanned aggregate employee costs for the next financial year. irKluding the proposed standard annual salary u￿1ft, prior to the setting of tt)e annual txjdgel. A number of scÈnario$ may be prew1￿ to the Committee which constder economic conditions. indNidual perf￿an￿ and the financi￿ security of the Organisation Organlsatlonal structurè Crewe Youth Zone is govern￿ by its Trustee Board vthKh reSp(ThIb￿ lor setting the strategt dyrectK)n of Iha ganisalion and the polw of the Chanty. The Trustees cary the ulb.male re¥￿nsibIlIty for the conduct of Crewe Youth Zone and for ensuring thal Char¢ty salisfie5 its legal and contractual obligations. TnJstees meet approxim8lely 5 Iirrie5 a yew and may ddegale the impkn￿latIOn of Iheir derysions or daY-l￿daY operation of the organisalion to senior management. any employee of ihe Charity. person or cornmittee as they see fil. Any committee rnu5t include at leasl one Truslee. The Trustee Board u% independent from maroJerrtht. Oe¢i5ions are det¢miined by a swnple majryity of voles. In Ihe case of an equality of votes the Chainian of the fngeting has the casting vote. Risk manasom•nt The Trustees have considered the major risks to whKh the Ch* 15 exposed arKI have established 5uiiable risk managerTTenl and control pro¢e(1ure$. R•lat•d party trwa(*ions Are disclosed in Note 16 to finanaal statemmts. CREWE YOUTH ZONE LTD {A ¢ompany limitqd by guarantepl TRUSTEES. REPORT {INCLUDING DIRECTORS. RePORn FOR THE PERIOD ENOED 31 MARCH 2024 Objective and activities Crewe Youth Zone's r)biects are to help ￿d￿￿K￿￿￿￿enand Y￿n9 peopl&resident in Crewe and surroun¢Ji areas through Ihwr leisure tirne activit￿ by p￿￿oti￿j their full physical and sixn'tual potenti81 in order that they may grow lo fijll malurity as rrKlr4i¢Ju* and mwnbers of a￿1 theK corKtit￿nS of lrfe may improve. Achievements during the period We are indebted to the caprtal fijnders WI￿ have ecrfnmrtteo to supwrt the Ythrth Zoné. ChÈshire East COW￿1, Crewe Tr)wll5 Fund and the Govwnmernl's Youth Investment Fund have commltted their support lo Ihe caiylal project alorg wlh strategic funders the Garfield Weston Foundation aThJ BP Intemational Lld: together these funders have provNJed of the fin8nces r*eded fty the construcbon and fft out of Ihe facility wovide all the maining capital ftjnding requi￿ and have been I￿trumenta in dnving the project forward. Cheshire East Ctyjncil. Crewe Ttyvns Fund, the Youth Investment Fund have 8150 pwed revewe support during the pre- opening phase and e￿Y years of the Ycmjth Zone's owab"on. The Founder Patron C￿Pa￿jn. whth PYOVkles a signrfKant prwtion of the operating wenue for the Youlh Zone, aims lo seeure a lotsl of £3.4m to SUPPtY( the first three years of nlnning costs of the Youth Zo￿.. this wll ome from a combinab.on of gJppc*iers * FcMJnder Patron {£100k) and Cornerslore Patron levels1£400kl. We are pleased to report that we have already ¢>)nfirTned pledges of supwt fronl the Julia and Hans Rausiro Trust. and llxal ernployer Radius. This ￿0￿p ts grO￿n9. and we are moving r￿sItiVety towards our target of securing 34 Found￿ Patrons pr¥Y lo opening. alongside othu funders WFW) have committed to 5uwth.ng the Youlh Zone. In the lead up to incorporation and thrcrtjghout 2023124. CharTWs Trustees arKI partner5 haveworked tirelessty to ensure the project rernains on course deswte dekys experwKed. Wo are ￿ateful for the resolute support of I th& Youlh Zo￿.$ furKlers. supporters and champK*ns vtho have remained committed to our work wth young people. Crewe Youth Zone enjoys the supp￿ of Onside Youth Zor*s Icharty nurrthr 11258931 in rt5 developm*nt and will become a member of the 9rowing OnSKle nefvth ofyouth zty￿. Public benefit AJI the activits.es of Ihe Charity las summarised above) were urKlertaken lo fvrther its charitable wrp05e5 for public benefit. The provision of a high*ualty town ￿tre facilty for young people responds to a ¢Jear, ongoing demand from young people, parents and wider communilies fflore and better places for youThJ people lo go. Although pro¥idiThJ a servKe to all youTrJ peotye. Crewe Youth Zone wll focus on atteTrJance ar￿ participatson by young members across the entire ¢ommunty who will be ab￿ to enjoy affordable access to all the opplxtunities that the facilrties ￿11 provi¢Ye. This will lead to improved ¥hievements and enhanced aspirab"or6 amongstyoung members ofthe local community. They wll be happier. health￿ arvj make r￿re cortstructive use of their leisure time which nsequenvy￿II help reduce nutsance and anb"50cI4 behav￿￿r. Longerterm wblic benefilswll include improved health. reduced ￿rne, enhanced learning and efflpknyatmlity and greater community cohesion. The Trustees of Crewe Youth Zone belreve they have ￿pIled ￿th the duty in secllon 17 of thè Charities 2011 to have due regard to Publ￿ benefft widance wbli5hed by ts Charity Commis5M)n. Vclunt••rs' eontrib(rtion Throughout Ihe period all member5 of Ihe Board of Trustees made irNaluabfe vobjntsry contributions lo the Charily's work in terms of govwnance. professional and business èxperience. fir￿n¢la1 planning. fundrdi5ing and leading inrtialives acro￿ fv proiecL Such Lx)ntribulions were. on averw. equivalent to full days each calendar month. CRewE YOUTH Z014E LTD (A Company limited by gurnte8) TRUSTEES. REPORT {INCLUDING DIRECTORS, REPORn FOR THE PERIOD ENDED 31 MARCH 2024 ""Investment'actl¥ft••s" _ . Un(Jer rnemorandum'and *th"des ofr4ssLwly)n."the th￿ilable company has the wer lo make any vestmerrt which the TNslees see fil. Investments_are_made V•there required lo further the aims and obfre¢ts of Ihe Charity. The Chanty does not wrenlly hdd any ￿Vestments (4her than cash on dep0511 with Handelsbanken plc. Flnand41 revlew A summary ofts results is belcm: Incoming res(￿rceS Outgjing resources Net irwming resources 874.640 (85.016) 789.624 The Charity is stlll in its eady lrfe 7Mth ga￿S and donations being f￿[Ved to fvnd the design and con$lnKlion of the Youth Zone. The Charity continues to oJltNate further donations to Sup1￿ future wenue expenses from a variety of sources as abo¥e1see"a¢hievements in Ihe period"). The Charity hal total reserves of £789,624 at 31 Mafch 2024. R•s•rv•s policy The Charrty has se¢xJred the furmling to complete the cOnStr￿tion of the Ycwlh Zcffi? and Ihe Founder Patr Iwenuel campaign ￿ well uthlway. The Tru5tee5 have prepared propctions of the operating costs expected once ts facilsty is open. The Board of Truslees of Crth¥e Youth Zone has estsblished a reserves pdi¢y which appropwialely refiects the risks to which the Charity is exposed. Once the Youth Zone 15 operatlng and in compliance with such policy. il wdl review regularfy both the sum it wishes to hoFd in reseNes in the Ltnrestricted budget and Ihe basis forthal figure. Tl* reserves does r￿tCOnSidereXpen￿lI￿re wh￿h is linked to restricted prosects ar)d trwefore eovered by reS￿ted fvnds. In reviewng the potential cx)sts that could arise shtxJkJ a sKJnift8nt reductron in income be Ir￿urred, the Trustees have delemined thai unreslrtted. 'free'. reserves should be maintained al apKYoximalety 3 months running costs. This is based on the running costs when the Youth Zone is fully operational an(1 is not therefore based on Ihe expenditure in these *counts. Total reserves at 31 klarch 2024 We￿ £789.624 of whrh £789,561 are restricted reserves and £63 a Un￿StrICted reserves. £787,069 of lot81 reseNes orty be realised ty disposing of fixed assets. Principat funding Sources The Dir9Ctors wish to record tsir thar*s to all Itw indivTrduals aThJ ¢xganisations WI￿ have maje donations or pledged th8ir SLbPPOrt to Iha work of Charity: Ihis indudes all those listed above F4us otheranonymous donors. We c8nnot ovef5ts1e the importal￿e of the FourKler Patrons who have v)mmrtted their supFort to Crewe Youth Zone so far. In partrcular. as Ct)merstone Patrons, the Julia an¥J Hans Rausing TnJst has shown incre¢Jible enlhusrasm and generosity toward Ihe project. an¢J Iheir"involvement wdl only aid to the credibilty of our work, h81ping lo draw lurther sUPPOrtJrom the local t￿sInesS and phdantthpic ttlrnmunity. Futurn plans With all parties fvlly ¢ommilted to the cOmpleb"￿ of Crewe Youth Zone. work is ¢onlinuing to execute the construction of an incredible.facility, with plans.to devate in the inleric* to provide a WElcoming, high and aitraclive Imwession lo all wsihng young people. As cOnstruct￿n pro9￿Se$, the Youth Zone will look lo s¢gnrficantly increase the size of the leam employed- wth just 2 members of staff CUrren￿Y in ￿a¢e, the Chief Executive wll lead on this exercise. uealing a large ijelivery and SUPF*Yt team lo indude both paid stsff and volunteers, who will be recrurted and inducted feajy for openifKJ. CRÈ￿ YOIITM IONE LTD IA coAwany li¢nit•d ty gu•Trnt•• ¥RU5TEES' REPORT IINCIUn1￿ OIAEC70AS' ftepoRn FOR THE PERIOO EWEO 31 MARCH 2024 Ihe 53me &The. the crrtMwJe togfwi l￿Y￿Jth z￿.$ Fcwfider patr￿5*h at¥W ¢ The Ttu¥%ees ¥e Ihe citec￿S Youth Zoneknr the M•J5e I￿} are le5￿￿b lor ihe fru*è$' kn*ual Rethyt *d thp *x¢*danLt with apr•c*)IE Jnd obsetye ihe prw*5 ol the SORP 2019 (FRS 1Qa. ny tifflE the finarKial W5¢•yt olthe charita14ecryary arrfl en5WEttr4t thtrfin*Cl￿ *aremer*5 hEnr￿ Iwt*ing rea50tW￿ swk)rlh2 ol trwjd oltv Smal wrnp4ny •XWnPtiOD Grtharn Ramyix D*0. 21 0#th 2024 CREWE YoirtH ZONE LTD (A company Ilmltad by gu￿nt•• IPIDEPENOENT EXAMINER% REPORT TO THE TRUSTEES OF CREWE YOUTH ZONE LTD I report to the charty trustees on my examinat￿ of the xcounts clthe cryny the pen'od ende(131 March 2024 which ¥e setouton pages 9 to 20. Responsibilities and basis of rgport As the charity tru51eesof the company (arvj also its diTeclor5 ftIrtt￿ purpose5 of compary lawl you are Tr5poftsible for the prepardtion of ihe acc(yJnts in accordwKe wrth ts requwerwit5 of the Companies Act 2006 {'the 2006 Act,). Having satisfied mysellthat the accounts of the company ￿ tX)t requi￿ to be ￿drted under Part 16 of Ihe 2CN)6 Act and are eligible for independ￿t examinal>)n. I rewrt in respectof my examinatM?n ofyourcompanys ac￿unt$ as carried out under section 145 01 the CharIt￿S Act 2011 {'the 2011 Acf). In c¥￿n9 out my examination I have followed the Directions gNen by Ihe Charity Commi53KJn und* sec1￿ 145(5Nb) of the 2011 A£t. Independent examinerfs sLitoment Since the comparfs gross income exceeded £250.OW yw examiner must be a member of a bcty lisled in section 145 of the 2011 Act. I confinn that l am qua1ffj￿ to urKJertake the examinatw)n because l am a member of ICAEW, is one of the IL%ted I￿JIes. I have conpleted my examinab"on. I confirrn thal malters have (x)me lo my attentK)n in connection with the examination givir#J me cause to bdieve that in ary material resF* acctyJnts'ng records We￿ not kept in respecl of the comk)any as require(J by serAM)n 386 01 the 2006 Act.. 2. the accounts do rKJt accord with those records,. or 3. the accounts ¢0 not ¢omply wilh Ihe accl￿nti(vU requirements of section 396 of the 2006 othor than any reqlt1rerr￿nt Ihat the accounts gNe a 'true and faw which is mt a matier cy)nsidered as part of an independent examinatK)n." 4. the accounts hav8 rK)t been Frfepared in accordance with Meth￿j$ arKI princAples of the Slalemenl of Recommended Practts for accountiry aTrJ reporting by charit￿. I have no cx*rKerns and have come across rKJ other matters in eonnectr'on with the examination to vthth attention should be drawn in this report in order to el￿e a proper understandirwJ of the ac(x)unts to be rexhed. Cath•rin¢ Cole BA FCA ICAE Donndly 8enUey Limrted Chartered Accwntsnts Statutory Auditors Hazlemere 70 Chorley New Ro•J Bolton 8L1 48Y 21 October 2024 CREWE Yoimi ZONE LTD (A Company fimlt•d by gu¥ant••) STATEMENT OF FINANCIAL ACTMfiES INCORPORATIMG INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ENDEO 31 MARCH 2024 Unrestricted R¥strl¢t•d fund$ funds 2024 2024 Totsl funds 2024 Not• INCOME FROM: tlonations and legades Inve$lments 874,ST7 874.517 63 TOTAL INCOME 63 874,577 EXPENDITURE ON: Raising fuTr Charitable &tivib"es 11.776 11.776 TOTAL EXPENIMTURE 85.016 85,016 NET INCOME I {EXPENDITURE) BEFORE TRANSFERS 789.561 789,624 Transfers betsveen FU￿1$ NET INCOME I (WENDITURE) BEFORE OTHER RECOGNISED GAINS AMD LOSSES 789.561 789,624 NET MOVEMENT IN FUNDS 789.561 789,624 RECONCILIATION OF FVNDS: Total funds brought f(yw*d TOTAL FUNDS CARRIED FORWARD -63 -789.561 789.824 The notes M pages 12 to 20 fom pwl of these tlnarKk￿ slatements. A15 income and expenditure derNe from o)nb"nulng ac11￿e$. Stslement of Financial Activitte5 includes all gains and losses recconk%ed during the year. CREWE YOUTH ZOPIE LTO IA ¢ornpany fjmitqd by 0￿aran[￿l REGISTERED NLIMBEA.. 1461J93* BALANCE SHEEr AS AT 31 14ARCH 2024 7OZ4 Iloi• FIXED ASSETS TWe assets 787.L%9 CLtRReP4T ASSETS Detitys C45h al and ITr 287.017 47. 334.a83 CRE￿TORs. *•toJfiis i*y¢kn ¢yie ye¥ 10 332.328 NET CUIIREIIT ASSEfsi NOTES TO ThE FINANCIAL STATEMENTS FOR THE PERIOD E140E0 31 IIARCH 2￿4 DIRECT COSTS Charltabl• ActivTrties ¢tssts 2024 Professtonal fees Trps and minibu$ hire 2,832 11,776 11,776 SUPPORT COSTS Charltable Actlvltiè$ Total 2024 Telephone ComputÈr eAJsts Brand design Insurance Other staff eA)sts Olhèr costs Onside capit81 project fees R8cxustment costs Account8ncy fees Wagès and salaries Pension cost 173 761 173 761 9.OlY) 566 858 566 858 36,000 11,775 5,300 7.906 191 26 73.240 36.000 11.775 5.300 7,906 191 26 73.240 AJI charitable a¢lNiiw wwe attrityjiable to reslrthd furhts. NET INCOMEI{EXPENDITURe) This is stated after ¢hargw". 2024 Depreciation of langit4e fixed assets 5ndependent exarninab.on fees 2,220 Ouring the period, no trustees *ceived a.ny remuneralKJn. During thè period. trustees received any beriefits.in krf_." Ouring the period. no trustees reowed any ￿1mbLEr$eM8nt of expenses. 16 CREWE YOUTH ZOPIE LTD IA company limi¢ad by guarafi￿) NOTes TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 IAARCH 2024 STAFF COSTS Staff costs *tre as frAIows." 2024 Wages and sala￿S Pens#)n costs 7,906 191 8,097 One member of5&￿VaS appointed in FetsU￿ 2024 arrfJ one member ofstaff bras appointed In March 2024 2024 Key management personnel *e consKJered lo be the Ch￿f Executive. The total amount of employ89 benefits pa￿ lo the key management personnd for the period was £3.923. TANG18LE FIXED ASSETS Cwewe yO￿h Zone- ljuilding under Comp(rt•r Equlpment T¢)tal Cost A(1dilions 2,393 787,0 At 31 March 2024 7H702 Deweeiation Charge for the year 26. At 31 March 2024 26 M¢t book value At 31 March 2024 787,069 Crewe Youth ZO￿ has entwed into a 125 year lease with Cheshire E8St Cc¥Jncil to lease the land on wlich the building rs being constructe(l. 17 CREWE YOLrrH ZOME LTD (A company Ilmlt¢d by gu4r•nlw) NOTES TO THE FINANCIAL sTATE￿NTs FOR THE PERIOD ENDED 31 MARCH 2024 DEBTORS 2024 (Xher detslc Prèpayments and ￿cr￿1 incc¥ne 286.808 209 287.017 10. CREDITORS: Amounts falling ￿1n